Wednesday, July 21, 2010

In the Modern World you Take what you Get.....In the Modular World......

You compete for what you want........

That is the message that is not being Taught......

Some get it, Some don't and Some will get trapped in the past

The reason Many wall street execs don't get it because portfolio performance is not their business - Selling and trading is

Jack Bogle / Elliot Spitzer and the concept of moral relativism.

the Changing Role of Asset Management and The Wealth Management Model

Just look at Blackrock and Morgan Stanley.

The Changing Role of Asset Management

MW/AMPM - ADDING VALUE AT THE FRONT END

The Changing Role of Asset Management

From active management - no alpha - for the Fee

To Overlay Management - Bring me Alpha -

Wealth Management business - Some get it Some don't and some will get trapped in the past.